Matt Badiali’s Knowledge of Science

The prices of oil are rising, and people are talking about how a barrel can cost up to 100 dollars. Brent crude is a benchmark for prices and jumped to 82.72 dollars for a barrel. The Organization of the Petroleum Exporting Countries decided to leave production steady. This decision has convinced investors that making Iranian oil unavailable on the market will cause large shortages in crude. Saudi Arabia is the biggest producer in oil; they’re confident they can fill any shortages.

Shortages might be okay for now, but the demand for oil is expected to exceed its supply. In the long term, a higher supply will be needed. Matt Badiali was able to speak to The Wall Street Journal on the matter. The US and China are having a trade war over metal prices. This trade war started in February when the US put a tariff on solar panels and then on steel imports. China has been reacting by striking against tariffs wherever they can. Having tariffs on their exports will cause demand for those exports to go down. The prices for these items will go up.

This will weaken China’s economy, and markets are in favor of the US. Commodities in the US will be cheaper, and more expensive in China. Matt Badiali is the Chief Resource Investment Expert at Banyan Hill Publishing. He has degrees from Penn State University, Florida Atlantic University and the University of North Carolina. A friend recognized his potential in science and geology, and introduced him to financing. Since entering this industry, Matt Badiali has given advice to people that has resulted in them generating returns that have increased by triple digits. His education has been useful for giving advice on investments in the market of natural resources. Matt Badiali believes energy consumption will change from fossil fuels to electricity.